Thursday, October 2, 2008

TIME Daily News 24/7

Today's Top Stories

The Bailout Spotlight Returns to the House — and John Boehner

By JAY NEWTON-SMALL/WASHINGTON

The Senate passes an amended rescue plan, throwing the ball back into the House Republicans' court

McCain's Nosedive: Short-Term Tactics, Long-Term Problems

By JAMES CARNEY AND MICHAEL SCHERER / WASHINGTON

The candidate's bold moves may have energized his campaign temporarily, but at the expense of a coherent overall message

Islamabad After the Marriott Bombing: The Baghdad Effect

By SIMON ROBINSON/ ISLAMABAD

With security heightened after the Sept. 20 bombing, the city resembles the Iraqi capital of 2003

Crisis Management

By JOE KLEIN

While McCain blusters, Obama has kept his head. And now he's taking control of the election

Is the War on Mark-to-Market Accounting Un-American?

By JUSTIN FOX

Markets for some mortgage-related securities have so totally broken down that marking them to market dramatically understates their value and makes banks' finances look much shakier than they really are

TIME Blogs

Swampland

By Michael Scherer

Marc Ambinder calls it an ObamaPollSplosion. I don't know what to call it. Or if it will last. But the polls are definitely moving.

Special Package

VP Debate Moments

As Sarah Palin and Joe Biden prepare for their first showdown, TIME looks back at moments, mistakes and milestones of vice-presidential debate history

Quotes of the Day

"What's happening to Sarah Palin right now is like the worst college exam cram period ever."
HEATHER BRUCE,
on her older sister's preparations for the U.S. vice-presidential candidate's debate
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Postcard from...

King Abdullah Economic City

A New City in the Saudi Desert

By Bobby Ghosh

Needing jobs and housing for its next generation, the desert kingdom has launched an ambitious plan to build five new cities simultaneously

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